Sumitomo Mitsui DS Asset Management Company 13F: Adds $12M to NVDA Stake

Sumitomo Mitsui DS Asset Management boosted its stake in NVIDIA Corporation NVDA by 50,583 shares during the quarter, according to a Form 13F filing submitted to the Securities and Exchange Commission on October 20, 2026. The fund owned 4,067,233 shares previously and held 4,117,816 shares at the close of the period. The reported value of the position reached $940,426,818. NVIDIA Corporation closed at $217.09 on the filing date.

NVDA NVIDIA Corporation

$217.09 ▲ +15.22% year to date

1M 3M YTD

Daily close · Oct 19, 2026

What Changed in Sumitomo Mitsui DS Asset Management's NVIDIA Position

The asset manager lifted its holdings by a 1.24% margin during the quarter. That addition brought the total share count to 4,117,816. The valuation of the stake reflects the broader market price of the chipmaker near the filing date.

NVIDIA Corporation Stock Up 1.1%

NVIDIA Corporation recently traded around $216.48 as of October 21, 2026, down about 0.3% from its $217.09 close on October 19. The shares sit below the 50-day moving average of $222.94 yet remain above the 200-day moving average of $203.12. The stock trades 11.0% below its 52-week high of $243.37 and 31.8% above its 52-week low of $164.27. The company carries a market capitalization of roughly $5.24 trillion and a trailing price-to-earnings ratio of 27.45.

Recent Earnings

NVIDIA Corporation posted trailing-twelve-month revenue of $302.97 billion and earnings of $7.91 per share. The business generated a net profit margin of 63.7% alongside a return on equity of 117.2%. Year-over-year revenue growth reached 105.9%. The next earnings report is scheduled for November 17, 2026.

Dividend

NVIDIA Corporation pays an annual dividend of $1.00 per share, yielding 0.46% based on current trading levels. The dividend payout ratio stands at 3.5% of earnings.

Insider Buying and Selling at NVIDIA Corporation

Company insiders completed several transactions ahead of the filing. Director Mark A Stevens sold 1,848,501 shares for $410,843,671 on September 2, 2026. Stevens sold another 1,022,239 shares worth $235,636,867 on September 4, 2026, and an additional 1,366,000 shares for $300,147,095 on September 18, 2026. General Counsel Timothy S Teter sold 30,460 shares valued at $6,786,533 on September 21, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the semiconductor leader ahead of the filing. On September 4, 2026, Rosenblatt maintained a buy rating with a $390.00 price target. Needham reiterated a buy rating with a $300.00 price target on the same day. Piper Sandler initiated coverage with an overweight rating and a $300.00 price target on September 10, 2026. Rosenblatt kept a buy rating and a $390.00 target on September 29, 2026, and Cantor Fitzgerald reiterated an overweight rating with a $350.00 target on October 1, 2026. The stock currently holds a consensus recommendation of strong buy across 59 analyst opinions.

About NVIDIA Corporation

NVIDIA Corporation designs data center scale artificial intelligence infrastructure, advanced networking platforms, and graphics processing units. The Santa Clara, California-based technology firm provides accelerated computing solutions and software for autonomous vehicles and cloud computing providers globally.

Bottom Line

Investors will watch the upcoming earnings release on November 17, 2026, for updates on artificial intelligence infrastructure demand and profit margins. Future SEC filings will show whether institutional managers continue adjusting their positions in the semiconductor giant.